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Results: PROC

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Procook – Q4 update , predictably piss poor: so much for all those boardroom share buys

I explicitly warned folks about Procook (PROC) ahead of its 145p per share IPO in November 2021. I have warned again repeatedly. CEO Daniel O’Neill and other directors have spoofed folks with share purchases all the way down. And here we are, after another piss poor update, and the shares are just 27p. Well done to those fund managers who gobbled up almost £40 million of shares dumped by the founders at IPO.

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